Knowledgebase

You may create a new tax rate by using the tool at Admin / Locations and Taxes / Tax Rate.

This menu appears like the category menu - with one line for each tax rate defined. It contains columns for the Priority of the tax (which affects how the tax is applied), the Tax Class (defining goods to which the tax rate is applied), the Tax Rate (expressed as a percentage) and a control panel on the right which offers the option of Editing or Deleting the entry. The control panel offers some information about the tax rate including the date added, the date last modified and a brief description of the tax rate.

Below this list is a button which allows you to add new tax rates. When you press the button a new blank entry is created and the control panel changes to allow you to enter information for the new tax rate.

Tax Class and Zone are selected from drop down menus, with the options created using the Tax Class and Tax Zone tools displayed for your selection.

The Tax Rate is entered as a percentage. Decimal points are allowed, but no other symbols should be used. (ie - it is not necessary to enter the percent sign either before or after the number).

The Description field is an alphanumeric label for the tax. This is not a matter of convenience - this field also serves as the name of the tax and is used to label the tax on the Invoice and Order pages. You must fill out this field.

The Priority is an integer (whole number) which need not be unique. Tax rates are applied to the product sub-total based on these priorities. Tax rates which share a priority level are calculated based on the same subtotal amount and added together before being added to that subtotal. Tax rates with different priorities are applied to the product subtotal in sucession - with higher priorities taxes being applied to a subtotal which includes taxes previously applied. (ie - the taxes are compounded.)

Add to Favourites

Print this Article